This independent blog collects news about projects or achievements in regulatory reform / better regulation. It is edited by Charles H. Montin. All opinions expressed are given on a personal basis.
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30 November 2015

New textbook on regulatory policy

Earlier this month, OCDE published a new reference book for members of our community: the first edition of the OECD Regulatory Policy Outlook 2015. This magnum opus summarizes 10 years of experience in designing and applying better rules and regulations to achieve economic and societal policy objectives. A press release summarizes the approach and the main conclusions, but experts will need to download the full material, which includes, to illustrate and give practical impact to each dimension (RIA, simplification, regulatory costs, etc), best national practices.

(From the press release): "The report finds that 33 of the 34 OECD countries have adopted an explicit regulatory policy and require regulatory impact assessments and public consultation for all new regulations, while 29 have a designated minister to promote regulatory reform.
However, a third of OECD countries have no policy at all on regulatory compliance and enforcement, and two-thirds have no system for evaluating laws once they are implemented. This creates unnecessary costs for businesses and society, the report says.
Internationally, co-operation in law-making is essential for creating global rules and standards, addressing trade frictions and environmental risks, and reducing the risk of regulatory failures such as the 2008 financial crisis or the recent VW emission tests scandal. Yet only a third of OECD countries have a clear policy for international regulatory co‑operation."

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